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Nonprofit · EIN 75-1439170

BAPTIST CHURCH LOAN CORPORATION

Tax-exempt · DALLAS, TX 75225

Financials

$6.4M$3.8M2022$8M$5.6M2023$9.1M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of BAPTIST CHURCH LOAN CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,077,825$6,425,890$2,651,935$190,278,193$64,474,500$125,803,693
June 30, 2024990$8,006,867$5,574,403$2,432,464$185,971,013$62,837,359$123,133,654
June 30, 2023990$6,400,498$3,807,989$2,592,509$168,000,890$47,123,368$120,877,522
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,054,706
Investment income
$23,119
Net gain from sales of assets
$18,823
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,090,901
Other salaries and wages
$465,700
Salaries, compensation and benefits (total)
$1,780,401
Professional fundraising fees
$0
Legal fees
$16,325
Accounting fees
$42,157
Occupancy
$174,864
Travel
$64,096
Depreciation
$117,607
Program services (functional)
$5,852,331
Management and general (functional)
$573,559

Balance sheet and other

Total assets, start of year
$185,971,013
Total assets, end of year
$190,278,193
Total liabilities, end of year
$64,474,500
Net assets, end of year
$125,803,693
Land, buildings and equipment
$200,179
Net assets without donor restrictions
$125,803,693
Gross receipts
$9,154,616
Employees
9
Volunteers
12
Year formed
1952
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GERALD R JAMES JRPRESIDENT/CEO
Officer
40$373,909$66,289
BOB GAGESENIOR VICE PRESIDENT
Officer
40$260,160$62,103
LANDON YEAGERSENIOR VICE PRESIDENT/ CFO
Officer
40$266,921$45,341
KAYLA PELTOMAVICE PRESIDENT OF FIN. & ADMIN.
Highest-paid employee
40$145,362$58,228
PHILIP PRICECHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0$0
GLENN GAINESVICE CHAIRMAN
Trustee or director
2$0$0
JAMYE CAPPADONNADIRECTOR
Trustee or director
2$0$0
JAN CASONDIRECTOR
Trustee or director
2$0$0
MARK DYERDIRECTOR
Trustee or director
2$0$0
RYAN GIBSONDIRECTOR
Trustee or director
2$0$0
BRET HEFTONDIRECTOR
Trustee or director
2$0$0
SUSAN HOGANDIRECTOR
Trustee or director
2$0$0
BARBARA JANE KAPLANDIRECTOR - THRU 11/24
Trustee or director
2$0$0
MICHAEL MASONDIRECTOR - THRU 11/24
Trustee or director
2$0$0
KELLY MCBRAYERDIRECTOR
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
JOSH MCKEEDIRECTOR
Trustee or director
2$0
LYNNE MEERSDIRECTOR - THRU 11/24
Trustee or director
2$0
RALPH RAMSEYDIRECTOR - THRU 11/24
Trustee or director
2$0
MATT SIBLEYDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
GERALD R JAMES JRPRESIDENT/CEO
Officer
40$298,803$55,159
BOB GAGESENIOR VICE PRESIDENT
Officer
40$218,252$43,622
LANDON YEAGERSENIOR VICE PRESIDENT/ CFO
Officer
40$205,663$36,799
KAYLA PELTOMAVICE PRESIDENT OF FINANCA & ADMINISTRATION
Highest-paid employee
40$121,641$47,778
MICHAEL MASONCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0$0
PHILIP PRICEVICE CHAIRMAN
Trustee or director, Officer
2$0$0
BARBARA JANE KAPLANDIRECTOR
Trustee or director
2$0$0
LYNN MEERSDIRECTOR
Trustee or director
2$0$0
GLENN GAINESDIRECTOR
Trustee or director
2$0$0
KELLY MCBRAYERDIRECTOR
Trustee or director
2$0$0
RALPH RAMSEYDIRECTOR
Trustee or director
2$0$0
JAMYE CAPPADONNADIRECTOR
Trustee or director
2$0$0
JAN CASONDIRECTOR
Trustee or director
2$0$0
RYAN GIBSONDIRECTOR
Trustee or director
2$0$0
BRET HEFTONDIRECTOR
Trustee or director
2$0$0
SUSAN HOGANDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
GERALD R JAMES JRPRESIDENT/CEO
Officer
40$297,085$56,475
BOB GAGESENIOR VICE PRESIDENT
Officer
40$207,648$48,922
LANDON YEAGERCHIEF FINANCIAL OFFICER
Officer
40$191,500$34,108
BRYAN ROGERSCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$5,935$0
MICHAEL MASONVICE CHAIRMAN
Trustee or director, Officer
2$0$0
BARBARA JANE KAPLANDIRECTOR
Trustee or director
2$0$0
LYNN MEERSDIRECTOR
Trustee or director
2$0$0
RUSSELL SHELTONDIRECTOR
Trustee or director
2$0$0
GLENN GAINESDIRECTOR
Trustee or director
2$0$0
KELLY MCBRAYERDIRECTOR
Trustee or director
2$0$0
RALPH RAMSEYDIRECTOR
Trustee or director
2$0$0
JAMYE CAPPADONNADIRECTOR
Trustee or director
2$0$0
JAN CASONDIRECTOR
Trustee or director
2$0$0
RYAN GIBSONDIRECTOR
Trustee or director
2$0$0
PHILIP PRICEDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
8333 DOUGLAS AVE STE 1460, DALLAS, TX 75225-5821
Principal officer (990 for 2024)
LANDON K YEAGER, 8333 DOUGLAS AVENUE SUITE 1460, DALLAS, TX 75225
Signed the 990
LANDON K YEAGER, PRESIDENT/CEO
Phone
(214) 828-5140
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO ASSIST WITH THE LONG-TERM SPIRITUAL AND FINANCIAL HEALTH OF BORROWING CHURCHES THROUGH THE GRANTING OF LOANS WITH STRAIGHTFORWARD TERMS, RATE OPTIONS, AND UNDERWRITING GUIDELINES. THE LOANS PROVIDED BY THE COMPANY ARE TO BE USED BY BORROWING CHURCHES TO SPREAD THE GOSPEL AND PROMOTE THE FAITH.

990 for the year ended June 30, 2025

Program accomplishments

  • ESTABLISH NEW CONGREGATIONS AND STRENGTHEN EXISTING ONES BY PROVIDING AND SERVICING LOANS FOR LAND PURCHASE, CONSTRUCTION, IMPORVING CURRENT FACILITIES, OR PUCHASING A NEW FACILITY FOR WORSHIP/RELIGIOUS INSTRUCTION. 334 LOANS OUTSTANDING AS OF YEAR END.
    Expenses $5,852,331 · revenue $9,054,706

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
75-1439170
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1959
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$190,278,193
Income (IRS master file)
$9,154,616

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,077,825$6,425,890$190,278,193XML
990June 2024$8,006,867$5,574,403$185,971,013IRS
990June 2023$6,400,498$3,807,989$168,000,890XML
990June 2022$5,846,467$2,739,270$151,480,737IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1439170).

Questions about BAPTIST CHURCH LOAN CORPORATION

What is the EIN of BAPTIST CHURCH LOAN CORPORATION?
The employer identification number (EIN) of BAPTIST CHURCH LOAN CORPORATION is 75-1439170.
Is BAPTIST CHURCH LOAN CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to BAPTIST CHURCH LOAN CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BAPTIST CHURCH LOAN CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BAPTIST CHURCH LOAN CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAPTIST CHURCH LOAN CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BAPTIST CHURCH LOAN CORPORATION?
The 990 for the year ended June 30, 2025 names LANDON K YEAGER.
Who are the officers and directors of BAPTIST CHURCH LOAN CORPORATION?
The 990 for the year ended June 30, 2025 lists 19 people; 4 received compensation from the organization, the highest $373,909 (GERALD R JAMES JR, PRESIDENT/CEO).
How much revenue does BAPTIST CHURCH LOAN CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,077,825, expenses of $6,425,890 and total assets of $190,278,193 at year end.

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